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    Home > Chemicals Industry > International Chemical > Seven wind farms in the UK were refinanced for £82 million

    Seven wind farms in the UK were refinanced for £82 million

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    Banks Renewables, a subsidiary of British family property and energy company Banks Group, said it had refinanced
    seven existing wind farms in northern England for £82 million.

    Seven wind farms in the UK were refinanced for £82 million

    The refinancing agreement is an agreement
    with NAB and Santander in Spain.
    Both banks were involved in financing £210 million of wind farm projects last year
    .

    Five of the seven wind farms were built with external funds and two using the company's capital reserves
    .
    Banks Renewable said the deal would help fund
    its next phase of development.
    In particular, the funds will be used for a number of projects, including the company's long-term plans for onshore wind farms, as well as other projects across the wider Group
    .

    Banks Renewables currently has 224 MW of onshore wind farms in operation and under construction, and 190 MW of wind capacity
    at various stages of development.


    Banks Renewables, a subsidiary of British family property and energy company Banks Group, said it had refinanced
    seven existing wind farms in northern England for £82 million.

    Wind farms

    Seven wind farms in the UK were refinanced for £82 million

    Seven wind farms in the UK were refinanced for £82 million

    The refinancing agreement is an agreement
    with NAB and Santander in Spain.
    Both banks were involved in financing £210 million of wind farm projects last year
    .

    Five of the seven wind farms were built with external funds and two using the company's capital reserves
    .
    Banks Renewable said the deal would help fund
    its next phase of development.
    In particular, the funds will be used for a number of projects, including the company's long-term plans for onshore wind farms, as well as other projects across the wider Group
    .

    Banks Renewables currently has 224 MW of onshore wind farms in operation and under construction, and 190 MW of wind capacity
    at various stages of development.

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